WES.AX - Wesfarmers Limited

ASX - ASX Delayed Price. Currency in AUD

Wesfarmers Limited

Brookfield Place Tower 2
Level 14 123 St Georges Terrace
Perth, WA 6000
Australia
61 8 9327 4211
http://www.wesfarmers.com.au

SectorConsumer Cyclical
IndustryHome Improvement Stores
Full Time Employees105,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert G. ScottMD & Director2.83MN/A1970
Mr. Anthony Natale GianottiChief Financial Officer1.53MN/A1969
Mr. Michael SchneiderMD of Bunnings Group and MD of Bunnings Australia & New Zealand2.14MN/A1971
Mr. David BaxbyManaging Director of Industrials Division1.83MN/A1973
Mr. Ian BaileyHead of the Australian Conglomerate's Department Stores Division & Managing Director of Kmart1.37MN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Wesfarmers Limited primarily engages in the retail business in Australia, New Zealand, the United Kingdom, and internationally. It is involved in the retail sale of building material, and home and garden improvement products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories through its 231 Kmart stores and 289 Target stores; and office products and solutions, such as office supplies, technology, furniture, art supplies, education resources, and helpful services, including print and copy and on-site tech support through its 167 Officeworks stores. The company also manufactures and supplies ammonia, ammonium nitrate, and industrial chemicals; manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers in blended, compound, and liquid form; supplies polyvinyl chloride resins used in a range of products comprising piping, cable insulation, floor coverings, building profiles, packaging, and compounds; produces wood-plastic composite products from recycled wood and plastic; and manufactures and distributes sodium cyanide, which is used in the mining industry for gold extraction. In addition, it extracts, markets, and distributes liquefied petroleum gas and liquefied natural gas; distributes tools, safety gear, work wear, and industrial supplies; supplies industrial, specialty, and medical gases; supplies and distributes maintenance, repair, and operating products; and provides risk management and compliance services, as well as offers land management solutions for the agricultural and mining sectors. Further, the company offers its products online. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia.

Corporate Governance

Wesfarmers Limited’s ISS Governance QualityScore as of October 4, 2019 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.